The Miner that Makes Money vs Miners that Lose Money

We unpack the highs and lows (mostly lows) for the quarterly reports released in the last couple of days. Pilbara Minerals (PLS.asx) is the stand-out (as per usual) adding a further $656m of cash to the balance sheet. On the other end of the spectrum, Panoramic (PAN.asx), 29 Metals (29M.asx), Galena (G1A.asx) and Ora Banda (OBM.asx) are all losing money on their operations. We discussed where all those companies are sitting in terms of funds, capital raises and debt-facility drawdowns. Of ...